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PROPERTY LAW ACT 1974 - SECT 51 Receipt in instrument sufficient

PROPERTY LAW ACT 1974 - SECT 51

Receipt in instrument sufficient

51 Receipt in instrument sufficient

(1) A receipt for consideration money or securities in the body of a deed or other instrument shall be a sufficient discharge for the same to the person paying or delivering the same without any further receipt for the same being endorsed on the deed or instrument.
(2) This section applies only to deeds or instruments executed after the commencement of this Act.